DeFi Franc $MON
The Defi Franc (in short DCHF) is an overcollateralized stablecoin pegged to the value of one Swiss Franc. The decentralized borrowing protocol allows you to draw 0% interest loans against ETH and wBTC used as collateral. The protocol offers great capital efficiency thanks to a minimum collateral ratio of only 110%. There are three different ways to earn money within the DeFi Franc ecosystem. - Deposit ETH or wBTC as collateral, take a loan in DCHF and send that loan to work in various ways. - Deposit DCHF in the Stability Pool and get ETH or wBTC at a 10% better price. Furthermore, you get MON as a reward. - Stake MON and earn the borrowing and redemption fees consisting of ETH, wBTC or DCHF.
About DeFi Franc
The Defi Franc (in short DCHF) is an overcollateralized stablecoin pegged to the value of one Swiss Franc. The decentralized borrowing protocol allows you to draw 0% interest loans against ETH and wBTC used as collateral. The protocol offers great capital efficiency thanks to a minimum collateral ratio of only 110%.
There are three different ways to earn money within the DeFi Franc ecosystem.
– Deposit ETH or wBTC as collateral, take a loan in DCHF and send that loan to work in various ways.
– Deposit DCHF in the Stability Pool and get ETH or wBTC at a 10% better price. Furthermore, you get MON as a reward.
– Stake MON and earn the borrowing and redemption fees consisting of ETH, wBTC or DCHF.
